Binance Announces First Seven Inductees in MVB Hall of Fame

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Binance's Roll of Honor

Binance has admitted the first set of 7 projects into its Most Valuable Builder (MVB) Hall of Fame. The newly inaugurated Hall of Fame is reserved for projects that distinguished themselves in the MVB program and subsequently got listed on Binance.

"Projects that participate in MVB and get listed by @binance will receive a special place in the history of #BSC. First 7 projects introduced to Hall of Fame @AlpacaFinance, @MOBOX_Official, @binary_x, @tranchess, @autofarmnetwork @bakery_swap, @beefyfinance", the crypto giant announced in a tweet.

Binance, through the Most Valuable Builder program, equips nascent BSC projects to help them progress into reliable functional parts of the crypto industry. Projects who excel in the program benefit from several grants, mentorship, and could also be considered for listing on the Binance exchange.‍

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Meet The Seven‍

The MVB Hall of Fame first inductees:

• Alpaca Finance

The 1st lending platform on Binance Smart Chain to support leveraged yield farming, Alpaca Finance offers undercollateralized loans to any user. Alpaca has undergone 12 Security audits and prides itself as the most secure leveraged yield farming protocol.

• Mobox

Moboxis a community-driven cross-chain GameFi metaverse. As a play-to-earn platform, Mobox automates DeFi yield-farming and gaming NFTs to enable users to earn rewards while having fun playing games. 

Binance Labs has a strategic investment in Mobox.

• BinaryX

BinaryX was founded in early 2021. It is a decentralized derivatives trading platform. The platform's unique Binary Options mechanism offers users a smooth trading experience.

The platform is also behind one of the top BSC play-to-earn games: Cyber Dragon.

• Tranchess

Tranchess is a yield-enhancing protocol. The platform enables long-term holders of crypto to earn passive income by flexibly allocating their DeFi assets. 

Tranchess raised $1.5 million in a seed round and has been audited by both Certik and PeckShield. 

• AutoFarm

AutoFarm started as an optimised BSC DEX and yield aggregator, but it is now multi-chain after integrating HECO, Avalanche, Polygon etc networks. 

AutoFarm's main offerings include DEX aggregator, smart portfolio management, and yield-optimizer services. It aspires to be the top DEX on Binance Smart Chain.

• BakerySwap

BakerySwap was the first BSC platform with an integrated automated market maker and NFT marketplace. 

BakerySwap also provides other utilities such as an Initial DEX Offering (IDO) launchpad and an NFT Gallery that gives upcoming digital artists exposure for their artworks. 

• Beefy Finance

Beefy Finance provides users across multiple chains with yield optimisation and some of the best APYs in DeFi. Users earn auto-compounded interests on their assets.

Users stake their crypto assets in Beefy Vaults. These vaults use smart-contracts to optimise a user's gains by leveraging some of DeFi's best earning opportunities.

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These 7 projects have opened the doors into Binance's MVB Hall of Fame. In the coming months, we are sure to see more projects from the MVB program join the elite group.

Want to know more about how your project can get into Binance's Most Valuable Builder (MVB) program? Read here about its requirements and how to apply.